Annual report pursuant to Section 13 and 15(d)
Cover
Document and Entity Information
Financial Statements
CONSOLIDATED BALANCE SHEETS
CONSOLIDATED BALANCE SHEETS (Parenthetical)
CONSOLIDATED STATEMENTS OF OPERATIONS
CONSOLIDATED STATEMENTS OF COMPREHENSIVE LOSS
CONSOLIDATED STATEMENTS OF STOCKHOLDERS' EQUITY
CONSOLIDATED STATEMENTS OF CASH FLOWS
CONSOLIDATED STATEMENTS OF CASH FLOWS (Parenthetical)
Notes to Financial Statements
1. NATURE OF BUSINESS
2. LIQUIDITY
3. SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES
4. BUSINESS ACQUISITION
5. ACCRUED EXPENSES
6. LICENSE AGREEMENT OBLIGATION
7. COMMON STOCK TRANSACTIONS
8. STOCK OPTIONS AND WARRANTS
9. LEGAL PROCEEDINGS
10. RELATED PARTY TRANSACTIONS
11. COMMITMENTS AND CONTINGENCIES
12. INCOME TAXES
13. EARNINGS PER SHARE
14. PREFERRED STOCK
15. QUARTERLY FINANCIAL INFORMATION
16. SUBSEQUENT EVENTS
SCHEDULE II - VALUATION AND QUALIFYING ACCOUNTS
Accounting Policies
3. SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (Policies)
Notes Tables
5. ACCRUED EXPENSES (Tables)
7. COMMON STOCK TRANSACTIONS (Tables)
8. STOCK OPTIONS AND WARRANTS (Tables)
11. COMMITMENTS AND CONTINGENCIES (Tables)
12. INCOME TAXES (Tables)
13. EARNINGS PER SHARE (Tables)
15. QUARTERLY FINANCIAL INFORMATION (Tables)
SCHEDULE II - VALUATION AND QUALIFYING ACCOUNTS (Tables)
Notes Details
2. LIQUIDITY (Details Narrative)
3. SIGNIFICANT ACCOUNTING POLICIES (Details Narrative)
4. BUSINESS ACQUISITION (Details Narrative)
5. ACCRUED EXPENSES (Details)
6. LICENSE AGREEMENT OBLIGATION (Details Narrative)
7. COMMON STOCK TRANSACTIONS (Details - Nonvested Option activity)
7. COMMON STOCK TRANSACTIONS (Details Narrative)
8. STOCK OPTIONS AND WARRANTS (Details - Option Assumptions)
8. STOCK OPTIONS AND WARRANTS (Details - Option activity)
8. STOCK OPTIONS AND WARRANTS (Details - Nonvested Option activity)
8. STOCK OPTIONS AND WARRANTS (Details - Options by exercise price)
8. STOCK OPTIONS AND WARRANTS (Details - Warrant activity)
8. STOCK OPTIONS AND WARRANTS (Details - Warrants by exercise price)
8. STOCK OPTIONS AND WARRANTS (Details Narrative)
10. RELATED PARTY TRANSACTIONS (Details Narrative)
11. COMMITMENTS AND CONTINGENCIES (Details)
11. COMMITMENTS AND CONTINGENCIES (Details Narrative)
12. INCOME TAXES (Details - Deferred tax assets)
12. INCOME TAXES (Details - Income tax provision)
12. INCOME TAXES (Details Narrative)
13. EARNINGS PER SHARE (Details - per share calculation)
13. EARNINGS PER SHARE (Details - diluted shares)
15. QUARTERLY FINANCIAL INFORMATION (Details)
SCHEDULE II - VALUATION AND QUALIFYING ACCOUNTS (Details)
SCHEDULE II - VALUATION AND QUALIFYING ACCOUNTS (Tables)
v3.7.0.1
SCHEDULE II - VALUATION AND QUALIFYING ACCOUNTS (Tables)
12 Months Ended
Apr. 30, 2017
Valuation and Qualifying Accounts [Abstract]
Schedule of valuation and qualifying accounts
Description
Balance at
Beginning of
Year
Additions
Charged to
Costs and
Expenses
Charged to
Other
Accounts
Deductions
Balance at
End of Year
Reserve Deducted in the Balance Sheets from the Asset to which it applies:
Allowance for Deferred Tax Assets
Year ended April 30, 2017
$
16,673,732
$
–
$
1,701,238
$
(1,974,510
)
$
16,400,460
Year ended April 30, 2016
$
13,126,337
$
–
$
3,547,395
$
–
$
16,673,732
X
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